Bertocchi, Graziella; Dimico, Arcangelo - In: European Economic Review 70 (2014) C, pp. 197-209
We investigate the effect of slavery on the current level of income inequality across US counties. We find that a … larger proportion of slaves over population in 1860 persistently increases inequality, and in particular inequality across … races. We also show that a crucial channel of transmission from slavery to racial inequality is human capital accumulation …